As Spotify Technology SA brought on more premium service subscribers than expected, the company came out ahead of Q3 revenue expectations and posted a surprise profit. It had reportedly “outstripped” Apple Music in the race to dominate music streaming around the world, with its number of premium...
FinTech firms are keeping a pulse on how merchants retain their customers — and how they can help them with those strategies through technology. One of the ways organizations such as airlines keep customers returning, Modo CPO Ryan Lee told PYMNTS in an interview, is through a...
Brick-and-mortar retailers are testing intelligent shopping carts that are billed as a way to improve the in-store experience. Canadian food retailer Sobeys, for instance, is bringing the technology to grocery stores with the rollout of the Sobeys Smart Cart, which will offer shoppers a “highly engaging,...
With a design that would let vehicles be customized for parcel delivery or serve as mini-hotels, trucks are being designed in Japan for a driverless future, with interchangeable container areas and no cabins. The innovation comes as higher demand for same-day deliveries and massive growth...
Even with the mall under pressure due to the rise of online shopping, the American Dream’s first phase will come to life on Friday (Oct. 25) with a ceremony to celebrate the opening of its theme park if there are no last-minute hitches. The months...
A new survey has found that the biggest obstacles hindering online retailers from doing business abroad is fraud prevention, and currency and payment processing. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
You may have already seen the Christmas commercials and been lucky – or unlucky – enough to have heard some holiday music already this autumn. Yes, the holiday shopping season is gearing up – that time when retail needs to prove itself once more. Get...
Andres Vallejo worked as a tennis instructor through his college years before starting Tennis Trunk. And, as a lifelong tennis player, Vallejo told PYMNTS in an interview, he was very familiar with the industry and the needs of consumers “not only from a product level...
As it expands in New York City, Nordstrom opened the doors to its first-ever flagship store for women and children on West 57th Street across from the new Nordstrom Men’s Store that debuted last April. The new flagship store occupies the base of the Central...
